Canada ’s battle against paper money dates back to 1987 with the introduction of the $ 1 “ Loonie ” coin . Now , the Canadian authorities is doing the same to larger denominations — replacing conventional immediate payment with counterfeit - proof polymer bills .
The new bills are constructed from a polymer blend that reportedly hold up more than double as long as cotton - paper currency , as well as be melt- and freeze out - validation . These are ready to hand when subject to coarse Canadian winters as well as washing machine / drier combos . The texture of these notes are also reportedly quite different than that of traditional money . The new greenback include a number of security feature article such as lift print , metal ink portraits , sheer and hidden textbook — even a see - through “ window ” in the handbill .
The young currentness will be initially appear on the $ 100 appellation afterward this week with $ 50 vizor being roll out in March of next year . $ 20 ’s , $ 10 ’s and $ 5 ’s will be phased in late in 2013 . [ Bank of CanadaviaThe Consumerist ]
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